Air Products & Chemicals, Inc. Income Statement

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Income Statement	Sep2009	Sep2010	Sep2011	Sep2012	Sep2013	Sep2014	Sep2015	Sep2016	Sep2017	Sep2018	Sep2019	Sep2020	Sep2021	Sep2022	Sep2023	Sep2024	Sep2025
Revenue & cost
Revenue	8.26B	8.62B	9.67B	9.61B	10.18B	10.44B	7.82B	7.50B	8.19B	8.93B	8.92B	8.86B	10.32B	12.70B	12.60B	12.10B	12.04B
Cost of Revenue	6.04B	6.29B	7.10B	7.05B	7.47B	7.63B	5.60B	5.18B	5.75B	6.19B	5.98B	5.86B	7.19B	9.34B	8.83B	8.17B	8.26B
Gross Profit	2.21B	2.33B	2.58B	2.56B	2.71B	2.81B	2.23B	2.33B	2.44B	2.74B	2.94B	3.00B	3.14B	3.36B	3.77B	3.93B	3.78B
Operating items
Amortization - Intangibles	0.01B	0.01B	0.01B
Research & Development	0.12B	0.11B	0.12B	0.13B	0.13B	0.14B	0.08B	0.07B	0.06B	0.06B	0.07B	0.08B	0.09B	0.10B	0.11B	0.10B	0.10B
Selling, General & Administrative	0.94B	0.89B	0.94B	0.95B	1.07B	1.05B	0.77B	0.68B	0.71B	0.76B	0.75B	0.78B	0.83B	0.90B	0.96B	0.94B	0.91B
Restructuring Costs	0.30B			0.33B	0.23B	0.01B	0.18B	0.03B	0.15B		0.03B			0.07B	0.24B	0.06B	3.75B
Other Operating Expenses	0.01B	0.01B	-0.00B				0.00B	0.01B			-0.03B	0.03B	-0.02B			1.58B	0.07B
Operating Expenses	1.36B	1.00B	1.06B	1.40B	1.43B	1.21B	1.03B	0.79B	0.92B	0.83B	0.85B	0.86B	0.92B	1.08B	1.31B	1.10B	4.75B
Operating Income	0.85B	1.27B	1.51B	1.28B	1.32B	1.34B	1.23B	1.54B	1.44B	1.97B	2.14B	2.24B	2.28B	2.34B	2.49B	4.47B	-0.88B
EBIT	0.85B	1.27B	1.51B	1.28B	1.32B	1.34B	1.23B	1.54B	1.44B	1.97B	2.14B	2.24B	2.28B	2.34B	2.49B	4.47B	-0.88B
Non-operating items
Interest & Investment Income	0.01B	0.00B	0.01B				0.00B	0.01B	0.00B
Other Non Operating Income	0.02B	0.04B	0.04B	0.05B	0.07B	0.05B	0.05B	0.05B	0.12B	0.05B	0.07B	0.07B	0.07B	0.06B	-0.04B	-0.07B	0.11B
Non Operating Income								-0.01B	0.02B	0.01B	0.07B	0.03B	0.07B	0.06B	-0.04B	-0.07B	0.00B
Net income details
EBT	0.84B	1.27B	1.55B	1.31B	1.35B	1.37B	1.27B	1.55B	1.42B	2.02B	2.29B	2.42B	2.51B	2.75B	2.88B	4.82B	-0.44B
Tax Provisions	0.19B	0.31B	0.38B	0.29B	0.31B	0.37B	0.30B	0.43B	0.26B	0.52B	0.48B	0.48B	0.46B	0.50B	0.55B	0.94B	-0.09B
Profit After Tax	0.65B	1.05B	1.26B	1.19B	1.04B	1.00B	1.32B	1.12B	3.02B	1.53B	1.81B	1.95B	2.11B	2.27B	2.34B	3.88B	-0.39B
Equity Income	0.11B	0.13B	0.15B	0.15B	0.17B	0.15B	0.15B	0.15B	0.08B	0.17B	0.22B	0.26B	0.29B	0.48B	0.60B	0.65B	0.65B
Net Income - Minority	-0.14B
Income from Non-Controlling Interests	0.01B	0.03B	0.04B	0.03B	0.04B	0.00B	0.03B	0.02B	0.02B	0.04B	0.05B	0.04B	0.02B	0.01B	0.04B	0.03B	0.04B
Income from Continuing Operations	0.65B	0.97B	1.17B	1.03B	1.04B	1.00B	0.97B	1.12B	1.16B	1.49B	1.81B	1.95B	2.04B	2.25B	2.33B	3.88B	-0.35B
Consolidated Net Income	-0.01B	0.09B	0.09B	0.17B	-0.01B	-0.00B	0.35B	-0.47B	1.87B	0.04B	1.81B	-0.01B	0.07B	0.01B	0.01B	-0.01B	-0.01B
Income towards Parent Company	-0.15B	0.09B	0.09B	0.17B	-0.01B	-0.00B	0.35B	-0.47B	1.87B	0.04B	1.81B	-0.01B	0.07B	0.01B	0.01B	-0.01B	-0.01B
Net Income towards Common Stockholders	-0.15B	0.09B	0.09B	0.17B	-0.01B	-0.00B	0.35B	-0.47B	1.87B	0.04B	1.81B	-0.01B	0.07B	0.01B	0.01B	-0.01B	-0.01B
Additional items
EPS (Basic)	3.05	4.85	5.75	5.53	4.79	4.68	5.95	5.08	13.76	6.83	7.99	8.59	9.47	10.16	10.35	17.27	-1.77
EPS (Weighted Average and Diluted)	3.00	4.74	5.63	5.44	4.73	4.62	5.88	5.04	13.65	6.78	7.94	8.55	9.43	10.14	10.33	17.24	-1.77
Shares Outstanding (Weighted Average)	0.21B	0.21B	0.21B	0.21B	0.21B	0.21B	0.21B	0.22B	0.22B	0.22B	0.22B	0.22B	0.22B	0.22B	0.22B	0.22B	0.22B
Shares Outstanding (Diluted Average)	0.21B	0.22B	0.22B	0.21B	0.21B	0.22B	0.22B	0.22B	0.22B		0.22B	0.22B	0.22B	0.22B	0.22B	0.22B	0.22B
EBITDA	0.85B	1.27B	1.51B	1.28B	1.32B	1.34B	1.23B	1.54B	1.44B	1.97B	2.14B	2.24B	2.28B	2.34B	2.49B	4.47B	-0.88B
Interest Expenses	0.12B	0.12B	0.12B	0.12B	0.14B	0.13B	0.10B	0.12B	0.12B	0.13B	0.14B	0.11B	0.14B	0.13B	0.18B	0.22B	0.21B
Tax Rate	22.15%	24.02%	24.26%	21.89%	22.80%	27.05%	23.71%	27.83%	18.42%	26.02%	20.97%	19.74%	18.46%	18.18%	19.12%	19.60%	21.40%

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Air Products & Chemicals, Inc. Income Statement

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